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Wireless

MTN set to raise debt in Nigeria in 2018

Friday 11 May 2018 | 09:20 CET | News
MTN Group plans to borrow as much as NGN 400 billion (USD 1.1 billion) in Nigeria this year as the African operator seeks to fund local investment and replace existing debt, Bloomberg reported. MTN plans to sell bonds and take out long-term loans as well as list its Nigerian unit on the Lagos stock exchange by the end of 2018.

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Categories: Mobile & Wireless
Companies: MTN
Countries: Nigeria
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